Banking & Financial Lawyers

How our banking solicitors can help you

Our banking and finance experts advise on security, intercreditor and related matters, on bilateral and syndicated loan arrangements including development finance, corporate acquisition finance and fund work. We have widespread experience on the establishment, regulation and dissolution of investment funds, including venture capital funds.

Recent bank transactions have included acting for:

• High street bank on the restatement of senior syndicated facilities to a property war chest fund involving a substitution of Banks and a re-designation of debt where the aggregate finance exposure was £314 million and our client bank’s exposure was £23 million.
• High street bank on the re-designation of debt following the anticipated exit of £12 million on a syndicated lend, involving 3 syndicated Term Loans, 2 Tranche CAPEX Facilities all in connection with a corporate acquisition

Weightmans’ banking solicitors are instructed by banks and borrowers and developers on all aspects of project, construction and development finance.

Recent debt finance transaction with large corporates include:

• Advisor to a national transport business on receipt of £30 million facility from HSBC for working capital and acquisition purposes.
• Advisor to the borrower on the receipt of €100,000,000 multi-purpose syndicated facility, including an Invoice Discounting line, asset financing, revolving credit facility, term loan and letter of credit line.

Investment Funds advice

In addition to private sector lending, we have extensive experience of advising on the establishment of Structured Funds. We advised fund manager organisations on each of the £150 million Investment Fund for Scotland, the £130 million Investment Fund for Wales, the £200 million South West Investment Fund, the £660 million Northern Powerhouse Investment Fund II and the £400 million Midlands Engine Investment Fund II.

The team also advises on the provision and the receipt of public sector grant funding, and growth schemes and funds including advising West Midlands Combined Authority on the £20 million co-invest fund. We provide advice on all aspects of fund partnership arrangement, including Limited Partnership Structures, subsidy law, procurement law, intellectual property, vesting of interest, regulatory duties, FCA compliance and dispute resolution.